Rocket Lab Stock Falls 8% After Hours as Neutron Launch Slips to 2027
Rocket Lab delays Neutron’s first launch to 2027 after a tank manufacturing issue, sending RKLB shares down about 8% in after-hours trading.
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Rocket Lab delays Neutron’s first launch to 2027 after a tank manufacturing issue, sending RKLB shares down about 8% in after-hours trading.
BlackRock’s Larry Fink warns a U.S. data center moratorium could trigger recession, as AI spending fuels growth and opposition to new projects rises.
CoreWeave shares tumble as bond yields approach 15%, putting CRWV’s interest costs, debt repayments and AI infrastructure spending under scrutiny.
U.S. stocks slide as hotter September inflation and AI borrowing concerns hit CoreWeave and Oracle, while rising oil prices lift energy producers.
Netflix confirms plans to cut roughly 1,000 jobs, or 6% of staff, while maintaining its full-year forecast ahead of October 20 earnings for NFLX.
Bumble agrees to a $1.3 billion cash buyout by Ithaca Holdings, offering BMBL shareholders $6.05 a share as revenue and paying-user numbers decline.
Bank of America shares fall as much as 8.3% as a $1.2 billion regulatory charge cuts profit and weaker trading revenue adds pressure to BAC stock.
US inflation rises to 3.7% and core CPI reaches 2.6%, lifting Treasury yields as the Fed weighs further rate increases before its October meeting.
BlackRock posts $15.93 in adjusted EPS on $7.75 billion revenue, beating forecasts as $205 billion in net inflows lift assets to $15.49 trillion.
Kraken parent Payward agrees to buy Saldo Bank, targeting European deposits, lending and cards in a deal expected to close in 2027, subject to approvals.
ASML reports €4.96 billion in quarterly profit and raises its annual sales outlook, but says planned capacity cannot meet AI-driven demand through 2028.
Bank of America faces about $1.21 billion in combined penalties and settlements after regulators found failures to report suspicious activity and enforce sanctions.